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Ninety One PLC
Director's Dealing • Jun 7, 2024
5036_dirs_2024-06-07_8d0dab2d-38af-4ab4-a0bb-af5b75671468.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 6716R
Ninety One PLC
07 June 2024
| Ninety One Limited Incorporated in the Republic of South Africa Registration number 2019/526481/06 Date of registration: 18 October 2019 JSE share code: NY1 ISIN: ZAE000282356 |
Ninety One plc Incorporated in England and Wales Registration number 12245293 Date of registration: 4 October 2019 LSE share code: N91 JSE share code: N91 ISIN: GB00BJHPLV88 |
Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them, prescribed officers, companies secretaries and associates
As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries and such persons' respective associates and persons closely associated with them, (ii) prescribed officers and persons discharging managerial responsibilities and such persons' respective associates and persons closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries of Ninety One and such persons' respective associates, in the securities of Ninety One plc and Ninety One Limited which are required to be disclosed under Article 19 of the Market Abuse Regulation (Regulation 596/2014) ("MAR"), the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.
On 6 June 2024, the second tranche of the long term conditional awards granted to Hendrik du Toit and Kim McFarland on 28 February 2020 under the Investec plc Executive Incentive Plan 2013 (the "Plan") vested. Accordingly, we advise of the following transactions in shares relating to PDMRs of Ninety One.
Vesting of shares under the Plan
On 6 June 2024, the following shares vested to Hendrik du Toit under the Plan, and remain subject to a 12-month retention period.
1
Details of the person discharging managerial responsibilities / person closely associated / associate
a)
Legal person
Hendrik du Toit
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ninety One plc
b)
LEI
549300G0TJCT3K15ZG14
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of GBP0.0001 each
GB00BJHPLV88
b)
Nature of the transaction
Take up of shares on vesting of conditional shares.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £1.58 | 26,617 |
d)
Aggregated information
- Aggregated volume
- Price
26,617
£1.58
e)
Date of the transaction
6 June 2024
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
| Price | £1.58 |
| Total value of transaction | £42,101 |
| Highest price | N/A |
| Lowest price | N/A |
| Nature of interest | Direct beneficial |
Vesting of shares under the Plan
On 6 June 2024, the following shares vested to Kim McFarland under the Plan. A portion of the vested shares were sold to cover the tax due at vesting. The remaining shares are subject to a 12-month retention period.
1
Details of the person discharging managerial responsibilities / person closely associated / associate
a)
Legal person
Kim McFarland
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ninety One plc
b)
LEI
549300G0TJCT3K15ZG14
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of GBP0.0001 each
GB00BJHPLV88
b)
Nature of the transaction
Take up of shares on vesting of conditional shares.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £1.58 | 11,268 |
d)
Aggregated information
- Aggregated volume
- Price
11,268
£1.58
e)
Date of the transaction
6 June 2024
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
| Price | £1.58 |
| Total value of transaction | £17,823 |
| Highest price | N/A |
| Lowest price | N/A |
| Nature of interest | Direct beneficial |
1
Details of the person discharging managerial responsibilities / person closely associated / associate
a)
Legal person
Kim McFarland
2
Reason for the notification
a)
Position/status
Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ninety One plc
b)
LEI
549300G0TJCT3K15ZG14
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of GBP0.0001 each
GB00BJHPLV88
b)
Nature of the transaction
On market sale of shares to cover the tax due upon the vesting of conditional shares.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £1.58 | 10,034 |
d)
Aggregated information
- Aggregated volume
- Price
10,034
£1.58
e)
Date of the transaction
6 June 2024
f)
Place of the transaction
London
g)
Clearance obtained
Yes
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
| Price | £1.58 |
| Total value of transaction | £15,871 |
| Highest price | N/A |
| Lowest price | N/A |
| Nature of interest | Direct beneficial |
Date of release: 07 June 2024
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
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